ECM Growth Outpaces The Overall Software Market

The market for enterprise content management (ECM) license software will exceed $3.9 billion in 2008, outpacing the overall software market with a forecasted 19% compound annual growth rate. Fueling this growth is recognition by $1 billion-plus companies that ECM is requisite technology for addressing their compliance, governance, and process efficiency needs. As larger infrastructure vendors such as Oracle and Microsoft provide ECM capabilities, the expansion of the ECM market to currently underserved geographies and vertical markets will also drive growth.